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CEO Steve Burke says Despicable Me 2 will be Most Profitable Film in Universal’s History
In a conference call with analysts on Q2’s earnings yesterday, NBCUniversal CEO Steve Burke revealed that Despicable Me 2 will become the most profitable film in the century-long history of the studio.

The animated sequel is currently batting north of $660m. at the global box office, from a $76m. budget, reaching even higher heights than its original, which took $543m. back in 2010.

The second instalment in the relatively new franchise “is going to end up being the single most profitable film in the 100 year history of Universal Studios,” adding that, “We love Illumination.”

The animation house partnered with the studio back in 2008, announcing then that the production company would be making one or two family-friendly films a year, beginning in 2010. Hop followed a year later, with Dr. Seuss’ The Lorax breaking records with its release back in March 2012.

And now Despicable Me 2 has gone that much further, impressive audiences and critics alike,...
See full article at HeyUGuys.co.uk
  • 8/1/2013
  • by Kenji Lloyd
  • HeyUGuys.co.uk

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